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Home>>Business 15:52 May 11 2008 China jumbo passenger jet company to take off Sunday China's first jumbo passenger aircraft company will be officially inaugurated in Shanghai on Sunday, the 21st Century Business Herald reported on Saturday. Shanghai has favorable condition to become global financial center Shanghai has favorable conditions to become an international financial center, said an official at a forum on Saturday. Thailand to sell consumer-pack rice at lower price To meet demand for rice on domestic market, Thai Ministry of Commerce will soon prepare 200,000 five-kilogram bags of rice from state inventories for retail sale throughout the country, a senior ministry official said Saturday. China World 　Macro-Economy   　Americas   • Greater controls set to protect economy • Greater controls set to protect economy • China's vice premier stresses financial risk prevention • Expert: Rise of agricultural products price not to cause all-out inflation • China's producer price index up 8.1% in April • China regulation on speculative capital faces test amid inflow surge • Oil ends record week near 126 dollars • Dollar falls as AIG losses spark new concerns on credit market • Alaska overtakes California as most expensive state for gasoline • Wall Street tumbles on AIG's wider-than-expected losses • U.S. trade deficit declines 5.6% in March • American Airlines fixing more wiring problems 　Trade   　Europe   • Shanghai has favorable condition to become global financial center • EU becomes Fujian's largest export market • Export food identification system established in Fujian Province • Auto imports soar in 1st quarter • Google in new tie-up • Worry creases in textile industry • Rabobank predicts steady rise in Dutch housing prices • OPEC crude oil price near 117 dollars • London stock market dips by midday • Bank Austria forecasts slowdown of Bulgarian economy this year • EU warns against misleading airline ticket websites • OPEC head says no shortage in oil market 　Industry   　Africa   • China jumbo passenger jet company to take off Sunday • China 2008 to maintain 500 mln tonnes grain output • Hainan Airlines to offer direct flights between Beijing, Berlin • China's Chalco to take stake in Saudi aluminum smelter venture • Expert: China's cotton prices to remain relatively high in 2008 • Akzo Nobel to take over chemical firms in Germany, China • Algeria attracts $8 bln in Arab FDIs in 2001-2007 • Cargo plane crashes in DR Congo • Africa's economies to grow 6.2% in 2008 • Moody's points to huge potential of Islamic finance • Egypt clears Indonesia of tire dumping allegations • Iran, Morocco extends economic and trade cooperation 　Finance   　Asia/Oceania   • China's smartphone market booms in Q1, sales up 4.8% • PBOC: Cutting inflation to remain top goal • Hong Kong stocks close lower on mainland market fall • China boosts Shanghai's growth as global financial center • China shares down 1.19% on producer price rise • 443 mainland enterprises got listed in Hong Kong • World's largest Islamic reinsurance company set up in Dubai • Brazil, India, South Africa to hold IBSA forum • Thailand to sell consumer-pack rice at lower price • Dollar trades at lower 103 yen level, briefly hits two-week low • S Korea to allow hedge funds next year • Tokyo stocks close 2% lower

Features   China-EU High Level Economic And Trade Mechanism   The Second 10+3 Media Cooperation Forum   Food safety in China   The first 10+3 Media Cooperation Forum   China-US Business Forum will be held at the Great Hall of the People, Beijing, on Feb. 14-15, 2006. 　Most popular • Chinese president meets Japanese local officials, discuss relations, cooperation • China to build Qinghai-Tibet electricity transmission line • Greater controls set to protect economy • Chinese president bids farewell to Japanese Emperor Akihito • Chinese climbers back to Qomolangma Base Camp after grand torch relay 　Most Commented • Chinese netizen discussion of"boycott on French goods" • Miley Cyrus' sexy photos cause controversy • What is Nancy Pelosi really up to? • Dalai's brag about "peace", "non-violence" is nothing but lie • FM: China strongly denounces CNN host's insulting words

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